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Lime Petroleum Secures NOK 1.1 Billion in Bond Issue for Growth

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Lime Petroleum Secures NOK 1.1 Billion in Bond Issue for Growth

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Rex International Holding Ltd. ( (SG:5WH) ) just unveiled an update.

Lime Petroleum Holding AS, a subsidiary of Rex International Holding Ltd., has successfully raised NOK 1.1 billion through a Nordic bond issue to refinance its existing bond and fund new onshore field development in Germany. This move strengthens the company’s financial position and supports its growth ambitions, reflecting investor confidence in its strategic direction.

More about Rex International Holding Ltd.

Rex International Holding Ltd. operates in the oil and gas industry, focusing on exploration and production activities. The company is known for its innovative exploration technologies and has a market focus on expanding its operations in various regions, including Germany.

Average Trading Volume: 29,811,812

Technical Sentiment Signal: Buy

Current Market Cap: S$233.1M

For an in-depth examination of 5WH stock, go to TipRanks’ Overview page.

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